We wish to inform you that the Board of Directors of the Company at its meeting held today, commenced at 12.45 p.m. and concluded at 13:45 p.m., has, inter-alia, considered the and approved and taken on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2021 and Accorded its in-principle approval for making investment upto Rs. 264 Lacs in the equity shares of an entity (i.e. Special Purpose Vehicle), to be formed by CleanMax Enviro Energy Solutions Private Limited for solar power captive consumption as required under the provisions of Electricity Act, 2003, at par value, subject to applicable laws and authorised the Management Committee of the Board of Directors of the Company for taking all necessary actions regarding the above said investment and Investors' Release dated August 3, 2021 specifying the summary of financial performance and other developments for the quarter ended June 30, 2021 is enclosed herewith.